ITC on Food & Beverages


This query is : Resolved 

Quick Summary
A business engaged in event management, ABC PVT Ltd., inquired about claiming Input Tax Credit (ITC) on food and beverage expenses incurred for business purposes. The consensus was that ITC can indeed be claimed in such circumstances. This confirms that businesses can reclaim taxes paid on necessary operational costs related to their services.

06 July 2023 Hello Everyone
ABC PVT ltd. is engaged in Even Management - can it claim ITC on food and beverages spent on account of the business?

Thank You

06 July 2023 Yes, ITC can be claimed in such a case.

07 July 2023 Thank you for reply ... Sir

07 July 2023 You are welcome...
....


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